Bookmark and Share Business News in the South from The Randle Report

 

Sign up for Randle Report Daily Emails for all The South's Business and Political News Follow Randle Report on Facebook for Business News in the South Follow Randle Report on Twitter for all The South's Business and Political News

 

 
0
Likes

Job creation bills again top agenda in Ala. House
Creating new jobs will again be at the top of the agenda in the House when the Alabama Legislature comes back into session Tuesday. The House adjourned last week while debating a bill that would allow businesses in some cases to use income tax withheld from employees for expansion or for construction of new facilities. The bill was supported by Republican leaders who argue it would create new jobs. It was opposed by the Alabama Education Association and some Democrats who say it would take away money earmarked for education. The Birmingham News
Submitted 2 years 61 days ago

1
Likes

Sumter, S.C. wins big – beating the odds by getting into the game
When Jay Schwedler, president and CEO of the Sumter Development Board, found out what the project required, he knew he had the site, the speed and the determination to make Sumter a viable contender. Sumter had a certified 180 acre rail site with a quick 9-mile, 4-lane corridor to I-95 with no stops. Schwedler knew that by adding additional surrounding acreage, this site would match the project criteria and should have been on the list of competitive sites throughout the State – not to mention surrounding states. Southern Business & Development
Submitted 2 years 61 days ago

0
Likes

Texas companies - like San Marcos-based CFAN - look to keep focus on manufacturing
SAN MARCOS — Any Central Texan flying on a Boeing jet is probably relying on a crucial piece of equipment manufactured here. CFAN Co. is the world's only manufacturer of composite jet engine fan blades that power GE engines for the Boeing 777, 787 and 747-8 airplanes. And business is booming: The company hired 125 additional employees last year, growing the workforce to 521, and expects to hire another 50 this year. "For a long time, people didn't think manufacturing was important to our economy," CFAN President Ben Cloutier said. No more. Austin American-Statesman
Submitted 2 years 61 days ago

4
Likes

Mooresville’s Shining Example (It’s Not Just About the Laptops)
MOORESVILLE, N.C. — Sixty educators from across the nation roamed the halls and ringed the rooms of East Mooresville Intermediate School, searching for the secret formula. They found it in Erin Holsinger’s fifth-grade math class. There, a boy peering into his school-issued MacBook blitzed through fractions by himself, determined to reach sixth-grade work by winter. Three desks away, a girl was struggling with basic multiplication — only 29 percent right, her screen said — and Ms. Holsinger knelt beside her to assist. Curiosity was fed and embarrassment avoided, as teacher connected with student through emotion far more than Wi-Fi. The New York Times
Submitted 2 years 61 days ago

5
Likes

Manufacturing getting poised for resurgence
RAYVILLE, La. — The publisher of an economic development magazine predicts the U.S. will gain as many as 3 million manufacturing jobs during the next eight years, with most of them coming to the South. Mike Randle, publisher of Southern Business & Development, spoke Wednesday during the Northeast Louisiana Economic Alliance's annual meeting at the Rayville Civic Center. Randle said most of the jobs will come from China, where he said that country's low cost advantage is shrinking fast because China's labor costs are rising rapidly, and the American worker's productivity is skyrocketing. Monroe News Star
Submitted 2 years 61 days ago

4
Likes

Georgia, South Carolina governors meet privately to talk ports
The governors of Georgia and South Carolina met privately Friday in Augusta to talk about ports along the river that divides the two states. Their spokesmen described the session as beneficial without offering any details. “The governors met in Augusta to discuss port issues and economic development that will bring jobs to both states,” said Brian Robinson, spokesman for Georgia Gov. Nathan Deal. Deal has been an ardent supporter of deepening the ship channel in the Savannah River to accommodate the larger freighters that will be able to transit the Panama Canal once its expansion is complete in 2014. Savannah Morning Times
Submitted 2 years 61 days ago

2
Likes

N.C.-S.C. border may move
On May 24, 1772, William Moultrie took a break from surveying the South Carolina-North Carolina border to visit little Charlotte Town, which he described as having five or six houses, "very ordinary built of logs." Nearly 240 years later, Charlotte has a few more houses. But the passage of time and the developers who built those houses have cut down the trees that Moultrie and his crew blazed with axes to mark the border between the two Carolinas. So when homeowners along that border - and some tax collectors - asked state officials to point out where the boundary is, they couldn't do it. Charlotte Observer
Submitted 2 years 61 days ago

7
Likes

New era launches at GE's Appliance Park in Louisville

Submitted 2 years 61 days ago

2
Likes

Wells CFO says N.C.-based Wachovia acquisition has "gone better than we thought"
Wells Fargo's 2008 acquisition of Charlotte-based Wachovia has gone better than expected and has improved Wells' business model, Chief Financial Officer Tim Sloan said during a presentation at an investor conference on Thursday. "We don't want to declare victory too early, but it's gone better than we thought," he said during the question-and-answer period of his presentation. "It's been a three-year process and cost us billions of dollars, but we think we've done it right." Sloan said the acquisition improved the San Francisco-based bank's talent pool, and allowed it to pick the "best of the best." He also said it has allowed Wells to diversify its business model, in geography, customer base and in product line. Charlotte Observer
Submitted 2 years 61 days ago

0
Likes

Give love without breaking the bank
Showing someone you care this Valentine's Day doesn't mean you have to blow your budget: Don't pay full price: Groupon, Dealsaver, SocialLiving, etc. are constantly offering great ways to get spa services, restaurant deals, fun stuff to do at a great discount. If you give your sweetheart a spa treatment, consider being their chauffeur and handling their daily chores so they can really relax. Flowers: Skip the roses and pick out something a little different this year. If you have a gardener for a sweetheart, consider packets of seeds so they can start their own special floral creation. If you use a service such as ProFlowers.com, search Google for a coupon code. Charlotte Observer
Submitted 2 years 61 days ago

 

 

 

Features & Opinion

 Top Ten Places in the South for Relocating California Companies

Reshoring manufacturing capacity from primarily Asia to the South and Mexico is now a common thing to do and it's all about money. When China joined the World Trade Organization in 2001, the average manufacturing wage in China's Pearl River Delta (PRD) was about 58 cents an hour.

 Randle Report - Business News in the South

 FEATURE  
By Dr. Glen Fenter
Desperation sometimes masks itself in acceptance. Such was the case for Takelia Carter of Marion, Ark. For Carter, the mother of six school-age children in a low paying job, desperation was normative existence. This was her life in Crittenden County, Ark., deep in the Delta where unfortunately one in four families lives well below the poverty level.
 

 Business News in the South - Randle Report

FEATURE     
By Mike Randle
There are numerous factors driving the new industrial revolution in the South. And it is a revolution, as this manufacturing surge that began in 2007 continues to break records year after year in the total number of large, capital intensive projects. One factor, of course, is that reshoring of facilities back to the U.S. continues to grow each year.
 
 Nashville Mayour Karl Dean

We try to change up the categories in our annual Ten Top 10s section, but we always include the "Ten People Who Made a Difference" category. This year though, we are honoring 12 and you will learn why by reading about this group of folks who have made a difference in the South. Here is our annual list that includes executives, economic developers and politicians who have made a difference in the South's economy.


 


 

 

http://www.columbusbusinesscenter.com
Southern Business & Development Southern Auto Corridor Small Town South Randle Report

Copyright ©2014 Randle Report
All of the South's Business News, Political News, and Economic Development News in One Place
Login